# OR Royalties funding: rounds and investors

> OR Royalties has raised $474M across 1 round since 2025. Investors include Export Development Canada, Bank of America and CIBC. Every round with its source.

Source: https://millionrounds.com/company/or-royalties (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *OR Royalties*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Asset Management Chemicals & Materials

Funding summary Updated 26 Oct 2026

**$474M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $474M Jun 2025
- **Investors:** 5

See who backed them

## The rounds

- **Jun 2025** Debt **$474M** [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Bank of America](https://millionrounds.com/fund/bank-of-america) [CIBC](https://millionrounds.com/fund/cibc) [La Caisse](https://millionrounds.com/fund/la-caisse) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Source recorded

## Everyone who backed them

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

[Bank of America](https://millionrounds.com/fund/bank-of-america) Company **1** round

[CIBC](https://millionrounds.com/fund/cibc) VC firm **1** round

[La Caisse](https://millionrounds.com/fund/la-caisse) Investment firm **1** round

[Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=or-royalties).

## Quick answers about OR Royalties

### Who invested in OR Royalties?

OR Royalties's investors include Export Development Canada, Bank of America, CIBC, La Caisse and Royal Bank of Canada.

### How much has OR Royalties raised?

OR Royalties has raised $474M across 1 round since 2025.

### When did OR Royalties last raise?

OR Royalties's most recent round was a Debt of $474M in Jun 2025.

### What was OR Royalties's biggest round?

Its most recent round, $474M in Jun 2025, is also its largest on record.

### Who backed OR Royalties first?

OR Royalties's first round on record, in Jun 2025, was backed by Export Development Canada, Bank of America and CIBC and 2 others.

### What stage is OR Royalties at?

OR Royalties's latest named round is a Debt, in Jun 2025.

### Where is OR Royalties based?

OR Royalties is based in Canada.

## Companies like OR Royalties

In the same sector, and raised in the last eighteen months.

[**Meissner** $2.6M · Sept 2026](https://millionrounds.com/company/meissner)[**TetraGen Robotics** $1.3M · Aug 2026](https://millionrounds.com/company/tetragen-robotics)[**H2nanO** $1.6M · Jun 2026](https://millionrounds.com/company/h2nano)[**Agapyo** $1.9M · Jun 2026](https://millionrounds.com/company/agapyo)[**Creative Destruction Lab** $11M · Jun 2026](https://millionrounds.com/company/creative-destruction-lab)[**Carbon Upcycling** $10M · Apr 2026](https://millionrounds.com/company/carbon-upcycling)

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